Community Health Systems (NYSE:CYH – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of -1.250–1.100 for the period, compared to the consensus earnings per share estimate of -0.600. The company issued revenue guidance of $11.4 billion-$11.6 billion, compared to the consensus revenue estimate of $11.6 billion.
Wall Street Analyst Weigh In
Several analysts have recently commented on CYH shares. Wall Street Zen raised shares of Community Health Systems from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Truist Financial upped their price target on Community Health Systems from $3.00 to $3.75 and gave the company a “hold” rating in a research note on Tuesday, July 14th. Weiss Ratings upgraded Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 2nd. Barclays cut shares of Community Health Systems from an “equal weight” rating to an “underweight” rating and set a $3.00 target price on the stock. in a research report on Wednesday, July 8th. Finally, Zacks Research cut shares of Community Health Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $3.41.
View Our Latest Stock Report on CYH
Community Health Systems Stock Performance
Community Health Systems (NYSE:CYH – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.09). The firm had revenue of $2.83 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Community Health Systems had a net margin of 3.78% and a negative return on equity of 7.62%. Community Health Systems has set its FY 2026 guidance at -1.250–1.100 EPS. Analysts forecast that Community Health Systems will post -0.58 EPS for the current fiscal year.
Institutional Trading of Community Health Systems
A number of large investors have recently modified their holdings of CYH. Oxford Asset Management LLP acquired a new position in Community Health Systems during the 4th quarter worth $45,000. Millennium Management LLC purchased a new stake in shares of Community Health Systems during the fourth quarter worth approximately $263,000. Engineers Gate Manager LP purchased a new position in Community Health Systems in the fourth quarter worth approximately $204,000. Balyasny Asset Management L.P. purchased a new stake in shares of Community Health Systems in the 4th quarter valued at approximately $692,000. Finally, Aristeia Capital L.L.C. acquired a new position in shares of Community Health Systems during the fourth quarter worth $319,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.
Community Health Systems Company Profile
Community Health Systems, Inc (NYSE: CYH) is one of the largest publicly traded hospital operators in the United States. Headquartered in Franklin, Tennessee, the company owns, leases and manages general acute care hospitals and outpatient facilities, primarily in non-urban and mid-market communities. CHS is focused on delivering locally accessible healthcare services through its network of affiliated hospitals, clinics and post-acute providers.
The company’s core offerings include inpatient medical and surgical care, emergency services, critical care, diagnostic imaging and laboratory testing.
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